Banking Awareness Quiz Set 38

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Banking Awareness Quiz Set 38

1. What are the services available under IMPS?

A. Funds Transfer and Remittances

B. Merchant Payments

C. NUUP

D. Both (A) and (B)

E. All of the Above

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2. Which of the following is a USSD based mobile banking service from NPCI that brings together all the Banks and Telecom Service Providers?.

A. WAP

B. QSAM

C. NUUP

D. Both (A) and (B)

E. Both (B) and (C)

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3. In NUUP, a customer can access banking services by just pressing ________ from his/her mobile phones.

A. *999#

B. #*99#

C. *99#

D. 1*99#

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4. What is the full form of QSAM?

A. Quality Service on Aadhaar Mapper

B. Query Sending on Aadhaar Mapping

C. Query Service on Aadhaar Mapper

D. Quality Service on Aadhaar Mapping

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5. What is the full form of NUUP?

A. National Unified USSD Protocol

B. National Unified USSD Platform

C. National Unified USSD Protocol

D. National Unified USP Platform

E. National Unified USSD Platform

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6. _________ service helps user in knowing their Aadhaar Seeding status with their bank account.

A. WAP

B. QSAM

C. NUUP

D. Both (A) and (B)

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7. QSAM service can be availed by dialling ________

A. *999#

B. *99*99#

C. *99#

D. 1*99#

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8. How many digits are there in Mobile Money Identifier(MMID)?

A. 7 digits

B. 9 digits

C. 10 digits

D. 11 digits

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9. A customer can link how many account to the same mobile number?

A. Only One

B. Only Two

C. Only Three

D. More than One

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10. An unbanked customer can initiate IMPS transaction using the services of _______.

A. PPI

B. PCI

C. PFI

D. PDI

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11. A customer can link how many account to the same mobile number?

A. Only One

B. Only Two

C. Only Three

D. More than One

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12. What is the full form of RNBC ?

A. Reserve Non-Banking Company

B. Reverse Non-Banking Company

C. Residential Non-Banking Company

D. Rural Non-Banking Company

E. Residuary Non-Banking Company

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13. RNBCs should offer a rate of interest of ______ on daily deposits.

A. 5.5%

B. 3.4%

C. 4.6%

D. 3.7%

E. 3.5%

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14. RNBCs cannot accept deposits for a period less than ____ months and more than ____ months.

A. 12, 60

B. 12, 72

C. 24, 72

D. 12, 84

E. 24, 84

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15. RNBCs should offer a rate of interest of not less than ____ per annum on term deposits

A. 5%

B. 4%

C. 6%

D. 7%

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16. Which of the following is an electronic trading platform, operated by the Reserve Bank of India, used to facilitate the exchange of government securities and other money market
instruments?

A. Payment and Settlements System

B. Sachet

C. Negotiated Dealing System

D. All of these

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17. What types of trades are settled through CCIL?

A. Treasury Bills

B. Central Government Securities

C. State Government Securities

D. STRIPS

E. All of these

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18. ________ refers to the period during which no settlements are permitted in a security.

A. Short Period

B. Long Period

C. Closed Period

D. Shut Period

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19. CBLO Stands for _________

A. Collective Borrowing and Lending Obligation

B. Collateralized Borrowing and Lending Organization

C. Collective Borrowers and Lenders Obligation

D. Collateralised Borrowing and Lending Obligation

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20. Which of the following was set up in April, 2001 to provide guaranteed clearing and settlement functions for transactions in Money, G-Secs, Foreign Exchange and Derivative
markets?

A. SHCIL

B. SEBI

C. CIBIL

D. CCIL

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21. What is the mode of settlement through CCIL?

A. Delivery Versus Payment

B. Payment Versus Payment

C. Payment Versus Delivery

D. Payment and Settlement

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22. Which of the following is the dimension of new 500 rupee note?

A. 157 × 73 mm

B. 66 × 150 mm

C. 66 × 166 mm

D. 147 × 73 mm

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23. Which of the following is the main color of 2000 rupee note?

A. Stone Grey

B. Green

C. Orange – Violet

D. Magenta

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24. Which of the following is the main color of new 500 rupee note?

A. Stone Grey

B. Green

C. Orange – Violet

D. Magenta

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25. Which of the following features on the reverse of 2000 rupee note?

A. Mangalyaan

B. Himalaya Mountains

C. Red Fort

D. Parliament of India

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26. Which of the following is the dimension of 2000 rupee note?

A. 157 × 73 mm

B. 66 × 150 mm

C. 66 × 166 mm

D. 147 × 73 mm

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27. Which of the following features on the reverse of 500 rupee note?

A. Mangalyaan

B. Himalaya Mountains

C. Red Fort

D. Parliament of India

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28. Which of the following features on the reverse of both 500 and 2000 rupee notes?

A. Mangalyaan

B. Himalaya Mountains

C. Red Fort

D. PMJDY

E. Swachh Bharat Abhiyan

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29. The obverse side of 500 and 2000 rupee note features a portrait of Mahatma Gandhi as well as the ________

A. Mangalyaan

B. Parliament

C. Red Fort

D. Ashoka Pillar Emblem

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30. When the note is tilted, color of the thread changes from _______

A. red to green

B. green to blue

C. blue to green

D. green to grey

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31. Year of printing of the note present on the ______ side of the bank note(reverse)